(Disclosure: Some of the links below may be affiliate links)
If you want your money to work, you should consider investing. However, you may need a few things before you can invest.
The Best Swiss Broker
If you want to invest in shares or Exchange Traded Funds (ETFs), you will need to choose a broker. There are many brokers available. It is essential to make a good choice regarding the broker. You have two choices, either you go with the best Swiss broker or you go with the best foreign broker. Foreign brokers are cheaper, but many people feel more comfortable with Swiss brokers.
Everything you need to start investing in the stock market! Open an account with Swissquote and get 100 CHF in trading credits with my code MKT_THEPOORSWISS
- Swiss broker
- Easy to use
Swissquote is probably the best Swiss broker for most investors. They have a good reputation and are really affordable as far as Swiss brokers go. Also, they have been here for a while and are well-established. You can read my review of Swissquote for more information.
The Best Foreign Brokers
If you want to minimize your fees and access the best ETFs available, you need to use a foreign broker. You will save a lot on fees.
Interactive Brokers is the broker I am using. IB is a well-known broker from the United States, and they have an excellent reputation. Moreover, they have very cheap fees and have an incredible offer of products to invest in. If you are interested, I wrote a post about how to open an Interactive Brokers account.
Having a good third pillar in Switzerland is very important. You will keep your third pillar for a long time, making it the perfect account to be invested in. Many third pillars are quite expensive, so, you have to be careful.
I recommend Finpension 3a as the best third pillar for long-term investing. They have the best prices in Switzerland and allow you to invest up to 99% in stocks. If you want to multiply your returns on your third pillar, this is the best choice.
If you do not want to invest yourself or are not ready to do so, you can consider Robo-Advisors.
Selma is an excellent Robo-Advisor in Switzerland. For a reasonable fee (about 0.88% per year), you will be able to invest very simply. Send your money to Selma every month, and they will invest it according to your goals. On top of that, you will also have access to your smart personal assistant. If you want to learn more, I have written a review of Selma.
TrueWealth is an excellent Swiss Robo-advisor with very affordable prices, making it the best Robo-advisor for serious investors.
- Very customizable
True Wealth is the most affordable Robo-Advisor available in Switzerland. You will be able to invest very aggressively in the stock market with great control. You can read my review of True Wealth for more information. However, they have large minimums and require some prior knowledge. So, if you are a total beginner or want to start with lower amounts, you may want to check out another one.
If you are not ready to invest by yourself, investing with Robo-Advisors is a good idea.
Vested Benefits Accounts
Finpension Vested Benefits is the best account in Switzerland.
Use the FEYKV5 code to get 25 CHF in your account!
- Invest 99% in stocks
In some cases in Switzerland, you can transfer your retirement assets to a vested benefits account. If you are in that case, you want to use the best vested benefits account available to you. Currently, the best account is offered by Finpension Vested Benefits. You can have a large allocation to stocks and invest at very low fees!
Stock market Investing
As for investing, I believe that everyone should do his research and decide on what suits him the most. I invest only in low-cost index funds. I think this is the best option for my long-term investment profile.
Now, if you are interested in investing, I wrote a long series of posts about various subjects of investing: All about investing. If you go through the entire set of posts, you should have a much better idea of what you want to invest in.
If you want, I also wrote a post about designing your entire portfolio from scratch. Once you have decided on your portfolio or chosen an existing portfolio, you will be ready to invest some money!
For reference, you can also check out my portfolio. Do not follow it blindly! It is just an example of a portfolio.
If you are serious about investing, you will probably want to read some books about it. You can learn a lot about investing by reading books. I have read many books about investing, personal finance, and even minimalism. And I still plan to read even more books in the future.
You can find all my reviews on my Book Recommendations page.
If you want more recommendations, I have a list of the services I am recommending.